After months of calling for trade wars, more military spending, and a more aggressive drug war, the Trump administration has now followed up his administration's expanding use of drone strikes in several countries with an escalation of military force in Syria.
It's difficult to see where all this will lead, but it is sure to lead in part to more government debt, more spending, and more demands for increased government power, increased taxes, and increased inflation of the money supply.
Tomorrow, join the Mises Institute and the Ron Paul Institute for a joint symposium on War & Peace in the Age of Trump, in Lake Jackson, Texas. Dr. Paul will be joined by David Stockman, Phil Giraldi, Lew Rockwell, Hunt Tooley, Jeff Deist, and Daniel McAdams. The symposium can be viewed online at youtube.com/misesmedia.
On this edition of Mises Weekends, Caitlin Long and Jeff discuss how blockchain technology could vastly reduce the role of middlemen in all kinds of everyday transactions, obviating the need for a lot of regulation in the process. Who needs lawyers and endless contract negotiations when the element of distrust between parties can be mitigated? Will the blockchain eliminate the need for "trust agent" intermediaries in real estate and M&A transactions? What will true peer-to-peer exchange mean for banks and stock exchanges? And will we even recognize the financial services industry in 20 or 30 years?